Those who long to live in Shifnal could find they’re able to stretch their budget and buy a bigger, better, brand new home with Help to Buy.
The Government-backed equity loan scheme is available on new build properties priced at up to £600,000, which includes all of the homes at Aston Fields.
Help to Buy includes a 20% equity loan that’s interest free for five years. This reduces the initial cost of the home being purchased and means customers only have to raise a 5% deposit and 75% mortgage from a lender of choice.
Pauline Turnbull, sales director for Redrow Homes (Midlands), says: “Aston Fields has been a huge success and remains a popular choice with buyers who long to live in this part of Shropshire. What people who want to move here perhaps don’t realise is that with Help to Buy their dream move could be easier to afford, enabling them to purchase a property they can grow into not out of.
“The Halifax suggests that the average deposit for a three-bedroom home is in the region of £28,000 but with Help to Buy those with savings of around £12,000 could find they have enough to secure a four-bedroom property.”
Current availability at Aston Fields includes a choice of four-bedroom designs from the sought-after Heritage Collection of traditional looking homes. Prices start from £234,995 for a York style property. With Help to Buy it could be snapped up for an initial outlay of £187,996.
To the ground floor, the York features an open plan kitchen and dining room with French doors that open onto the rear garden, a relaxing lounge to the front, plus laundry area and cloakroom
Three bedrooms and the family bathroom are on the first floor. The crowning glory of the property is the master bedroom and en-suite on the top floor.
Help to Buy is open to first time buyers and existing homeowners alike, although to be eligible for the scheme homeowners must have sold their current property subject to contract. Redrow can help with that too.
For a small deposit, Redrow’s Mastermove service can help customers secure a buyer for their existing home with the assistance of a tried and trusted agent. Once a sale is agreed, they will then be able to use Help to Buy to reduce the initial cost of a brand new home.
To find out more, visit Aston Fields, where the sales office and showhomes are open daily from 10am to 5.30pm. For the latest availability and pricing call 01952 324195 or see www.redrow.co.uk/aston.
Established more than 40 years, Redrow Homes is one of the UK’s leading house builders, operating across England and Wales, with a strong emphasis on high quality family housing in prime locations. Its Heritage Collection of family homes combines traditional looking, ‘Arts & Crafts’ influenced exteriors with bright, modern, high specification interiors. The company has won numerous awards over the years, including, most recently, the Gold Award for Best Large Housebuilder at the WhatHouse? Awards 2014, the 2014 Building Awards Housebuilder of the Year and four consecutive 5* awards in the Home Builder Federation (HBF) annual customer satisfaction survey. Redrow also collected the award for best marketing initiative at the 2014 Housebuilder Awards and its ‘My Redrow’ online tool won the overall Customer Engagement category at the 2013 Peer Awards for Excellence.